‘The Young And The Restless’ Spoilers Wednesday, January 21: Nikki Busted, Phyllis’ Stance, Sally Betrayed

By Amandah HancenOn Jan 20, 2026

The Young and the Restless spoilers are in for Wednesday, January 21, 2026! In the next episode, fans can expect Nikki Newman (Melody Thomas Scott) to get busted.

Phyllis Summers (Michelle Stafford) stands her ground with Cane Ashby (Billy Flynn). Plus, Sally Spectra (Courtney Hope) is blindsided.

Keep reading, and let’s talk about what is coming up in the CBS soap opera. (Make sure to check out our WEEKLY Y&R spoilers, here!)

Phylis Summers’ Stance

Let’s start off with Phyllis and Cane. Even though Cane is starting to doubt things, the redhead will offer some reassurance. Phyllis understands the risk and is willing to risk losing her children over this deal. So, it’s not like Cane is the only one with things to lose.

Phyllis is willing to risk Summer Newman (Allison Lanier) and Daniel Romalotti, Jr.’s (Michael Graziadei) wrath. In the redhead’s mind, running Newman Enterprises is worth it as long as Cane doesn’t blow it.

Check Out What Happened On Yesterday’s Episode Of The Young and The Restless

Chelsea Lawson’s Confrontation

Fans just watched how both Nikki and Victoria Newman (Amelia Heinle) praised Chelsea Lawson (Melissa Claire Egan) for her loyalty to the family. That could have Chelsea confronting Phyllis over her scheme.

Sally Spectra Betrayed

The Young and the Restless spoilers for tomorrow’s episode reveal that Sally will be betrayed and blindsided.

The redhead is getting even more worried about Billy Abbott’s (Jason Thompson) decisions. Even though he reassured Sally, it sounds like he will take Cane’s offer. Sally will really start to question if she can continue being in a relationship with Billy.

Matt Clark’s Fate

There is also Matt Clark (Roger Howarth). Nick Newman (Joshua Morrow) agreed to let Victor Newman (Eric Braeden) handle Matt, but only after he gets five minutes alone with him.

READ THIS: The Young And The Restless Spoilers: Billy Risks Losing Sally – Jack’s Trust Tested Again

It’s not clear what plan Victor has for containing and controlling Matt. Perhaps the homemade prison at the Newman Ranch will resurface?

If so, then Victor might reason that everyone is safer if he can keep an eye on Matt. However, Matt loves mind games, and I could see him using the Jack/Nikki situation to plant seeds of doubt in Victor’s mind.

Plus, it seems that Nikki and Jack Abbott (Peter Bergman) share a close moment. It’s probably just a friendly embrace. However, when Victor sees them together, all hell will break loose!

Any progress that Nikki has made in smoothing the fires will be reignited once again. Depending on how extreme Victor reacts, Nikki could have had just about enough!

Which storyline are you looking forward to seeing the most on Wednesday, January 21, 2026?

Share your thoughts in the comment section below. Remember to keep watching the soap on CBS or Paramount+ to find out what happens next.